LINK Price Soars Over 70% This Month!

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Amid increased volatility in the crypto space, the Chainlink price has maintained its bullish run by adding 11.72% to its portfolio in 24 hours with a trading volume of $1.24 billion. Moreover, with a bullish breakout, it has retested its April high today.

The EMA 50/200-day has experienced a Golden Cross in the Chainlink price chart. This highlights an increase in the buying pressure for this Ethereum-based altcoin in the crypto market.

The Moving Average Convergence Divergence (MACD) shows a constant rise in the green histogram, with its averages showing a similar price action. This suggests that the Chainlink price may continue gaining value this week.

How High Will Chainlink Price Go?

Maintaining its bullish sentiment could push the LINK price toward its resistance level of $20. Furthermore, if the bulls dominate the crypto space, this could push this altcoin toward its upper resistance level of $23 during the upcoming time.

In contrast, if a bearish reversal happens, the Chainlink price could retest its support level of $17. Moreover, if the bears outrun the bulls, this could pull the price toward its lower support level of $14 this year.

How much will Chainlink be worth in 2025?

If the bullish sentiment sustains, the LINK coin price may reach a high of $103 during 2025.

What is the price of a LINK?

With an intraday jump of 9.83%, the Chainlink price is currently valued at $18.96.

Can Chainlink reach $100?

For this altcoin to achieve the $100 mark, it will require a surge of 427.42% in valuation.$LINK